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Jamie-Law
Jamie-Law, Solicitor
Category: Bankruptcy Law
Satisfied Customers: 2940
Experience:  Solicitor
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I am the director/owner of a company can i transfer the

Customer Question

i am the director/owner of a company can i transfer the domain ownership of my company into another ? as i can see potential financial problems ahead ?
Submitted: 11 days ago.
Category: Bankruptcy Law
Expert:  Jamie-Law replied 11 days ago.

Hello my name is ***** ***** I will help you with this.

Are you selling it?

Customer: replied 11 days ago.
no i want to protect it if the current co fails ? im not saying it will but want to have worse case covered
Expert:  Jamie-Law replied 11 days ago.

Ok - you need to sell it or have something to shows its been transferred as an asset.

Otherwise it may be argued that you are just trying to avoid creditors.

So you can sell it and have it leased back, but just not transfer it without any paperwork

Can I clarify anything for you about this today please?

Customer: replied 11 days ago.
is there a time factor a creditor would deem as being ok/not ok with the transfer ?
Expert:  Jamie-Law replied 11 days ago.

Within a year generally

Does that clarify?

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